To do it right, yes.
I can’t tell you how many times I've reviewed documents from websites or canned software and they end up having to be completely scrapped and re-done. If you can only afford that solution, go ahead, it is better than nothing.
The reality is that you get what you pay for in estate planning, and custom documents from a legal professional are the key to ensuring a secure future, even though this expertise costs more.
3 Reasons to Hire an Estate Planning Lawyer
Some standard do-it-yourself Wills, trusts, and other estate planning tools may help you create simple documents, but this is not the same as constructing an actual plan.
An experienced estate planning attorney can:
- Make sure your estate plan is comprehensive. An attorney can ask important questions, outline strategies, and review all potential options, so you make informed decisions about your estate plan.
- Provide you with peace of mind. In the event that something in your plan is contested, there's a chance it will later be challenged in court. This can create a lot of stress for your family after you are gone. Effective legal guidance can reduce this possibility.
- Be cost-effective. An estate planning lawyer may initially cost more upfront than a do-it-yourself program. However, by avoiding mistakes and maximizing tax advantages, savvy legal counsel may be less costly in the long run.
An Estate Planning Lawyer Can Protect Your Future
You can’t predict everything that will happen in your life, and you can’t anticipate changes to Massachusetts law that would impact your estate plan. However, when you hire me to draft your documents and devise a sound strategy, you are hiring an attorney for life. I will notify you of any important legal changes that could impact your estate plan, and help amend objectives as your financial needs and assets evolve.
Creating a comprehensive estate plan is an important step in your family’s financial security. Therefore, it is important to have comprehensive information to make the best decision for your future. To learn more about how my legal team can help you, please contact us by phone at 978-657-7437.